Friday, April 25, 2008

What is selling anyway??

One of the questions I am most often asked about the local real estate market is "What is selling anyway?" With the national media reporting a huge slowdown in real estate and with lenders tightening the approval criteria, the perception is that maybe NOTHING is selling. It is very true that some homes are remaining on the market a very long time - but it is also true that homes are selling.
This will be the first of a weekly look at what price brackets ARE moving and which ones are not. If you want more detailed information about what the market activity is like in your neighborhood, just email me or call me!
So - for the month running from 3/25/08 -4/25/08 the number of sales of single family homes looks like this:

Under $200,000 - 22 sales
From $201,000-249,999 - 45 sales
From $250,000-299,999 - 56 sales
From $300,000-349,999 - 16 sales
From $350,000--399,999 - 14 sales
From $400,000-499,999 - 18 sales
Over $500,000 - 14 sales

Next week, I will post an update for what has sold since today by price range and add the info of how many homes are available in each category.

Wednesday, April 23, 2008

Olympia spring happenings!

Despite the weather (what's up with snow in April??), I think spring has returned to Olympia and we can again enjoy Farmer's Market downtown! It is open now Thursdays - Sundays and there is already some yummy early produce like apples, pears, lettuce - as well as some good little "plantlings" of veggies to set out in your own garden. There is usually great music to get your toes tapping if you shop on the weekends - so plan on taking time to savor the experience as well as the food!!